Property Overview: 113 Chandos Avenue, Norwood West, Winnipeg
Key Characteristics & Appeal
This 2019-built home presents a distinct profile in its established Norwood West neighborhood. Its primary appeal lies in its modern construction, being the newest home on its street and among the newest in the entire area, which suggests contemporary building standards, energy efficiency, and minimal immediate maintenance. At 990 sqft, the living space is notably compact compared to area averages, positioning it as a efficient, low-maintenance footprint rather than a sprawling family home.
The property’s assessed value of $463k stands well above averages for the street, neighborhood, and city, indicating that its modern build and condition are significant value drivers that offset its smaller size. The lot is also compact at just under 3,000 sqft, which means less yard upkeep but limited space for expansion or large outdoor amenities.
This home would ideally suit first-time buyers, downsizers, or investors seeking a modern, "lock-and-leave" property in a central location. It appeals to those who prioritize new construction and efficiency over square footage and large outdoor space. A thoughtful perspective is that this property represents a trade-off: you are purchasing modernity and condition in a neighborhood of older, larger homes, accepting a premium price per square foot for the benefits of a newer build.
Frequently Asked Questions
1. Why is the assessed value so high compared to the home's size?
The assessed value reflects the home's very recent construction (2019). Newer builds typically have higher valuations due to modern materials, systems, and compliance with current building codes, which offset the smaller square footage compared to older homes in the area.
2. What does the "compact" lot size mean for me?
At 2,937 sqft, the lot requires minimal landscaping maintenance, which is a plus for those seeking low upkeep. However, it offers limited private outdoor space and little potential for additions like a large deck, garage, or home extension.
3. How reliable is the sold price data shown?
The sold price range is based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup via email from the site, as industry rules prevent the display of official MLS records here.
4. The home is newer, but how does it fit into the older neighborhood?
As the newest house on a street where the average home was built in 1944, it offers modern comforts but may have a different architectural character than its neighbors. This can be an advantage for interior living, but it's wise to consider the streetscape and community vibe.
5. Who would this property NOT suit well?
It may not suit buyers needing multiple bedrooms, dedicated home office space, or those who desire a large yard for gardening or recreation. Families needing room to grow might find the combination of compact living area and lot size too restrictive.